500 W Biddle St Unit A,B,C,D Jackson, MI 49203
Nicholls NeighborhoodEstimated payment $1,124/month
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Corner Lot: Yes
- No HOA
- Forced Air Heating System
- Sharp Park Academy Rated A-
- Window Unit Cooling System
- 4-minute walk to Under the Oaks
About This Home
CITY CERTIFIED 4-UNIT PROPERTY WITH OFF-STREET PARKING AND EXCELLENT INVESTMENT POTENTIAL NEAR CENTRAL BUSINESS DISTRICT. Property Overview-
Presenting a fantastic investment opportunity: a City Certified four-unit multi-family home located just minutes from the central business district. This property offers a strong return and is currently being offered at an impressive 11.5% CAP Rate, making it ideal for both seasoned investors and those entering the market. Unit Configuration-
•1 spacious two-bedroom unit
•3 comfortable one-bedroom units
Each unit is thoughtfully designed for convenience and comfort, catering to a variety of tenant needs. Parking and Accessibility-
All four units come with off-street parking, providing tenants with a secure and hassle-free parking experience. This feature adds significant value and appeal to the property. Prime Location-
The property is ideally situated close to public transit options, allowing residents easy access to commute throughout the city. In addition, shopping, dining, and entertainment venues are all within walking distance, ensuring a vibrant and convenient lifestyle for tenants.
Investment Highlights-
"City Certified for peace of mind and compliance
"Attractive 11.5% CAP Rate
"Desirable unit mix for diverse rental demand
"Off-street parking for all units
"Proximity to central business district, transit, shopping, and dining. Don't miss the chance to own this well-maintained and high-performing multi-family property in a sought-after urban location.
Home is available with $0 down payment to qualified purchasers. Contact REALTOR today for more details or to schedule a viewing.
Listing Agent
Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 11/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,492
Year Built
- Built in 1930
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 66x93
- Corner Lot: Yes
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Parking Spaces
- Paved Parking
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Natural Gas Connected
- Individual Gas Meter
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
Community Details
Overview
- No Home Owners Association
- 4 Units
- Livermore Wood & Eaton's Add Subdivision
Building Details
- Operating Expense $11,033
- Gross Income $31,200
- Net Operating Income $20,167
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,446 | $60,000 | $0 | $0 |
| 2024 | $2,116 | $51,300 | $0 | $0 |
| 2023 | $2,030 | $47,700 | $0 | $0 |
| 2022 | $2,236 | $39,500 | $0 | $0 |
| 2021 | $2,212 | $31,300 | $0 | $0 |
| 2020 | $1,703 | $28,250 | $0 | $0 |
| 2019 | $1,657 | $30,550 | $0 | $0 |
| 2018 | $1,581 | $29,750 | $0 | $0 |
| 2017 | $1,449 | $31,400 | $0 | $0 |
| 2016 | $1,249 | $31,900 | $31,900 | $0 |
| 2015 | $1,362 | $23,600 | $23,600 | $0 |
| 2014 | $1,362 | $31,950 | $0 | $0 |
| 2013 | -- | $31,950 | $31,950 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $175,000 | -- | -- |
Source: MichRIC
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $88,000 | Midstate Title Agency Of |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $66,000 | New Conventional |
Source: Public Records
About the Listing Agent
Doug grew up in Jackson County, Michigan, and is the Principal Partner of BNR Real Estate Group. After serving as a Sergeant in the US Marines Corps and graduating from Siena Heights University, he fulfilled a career in marketing and operations across the mid-west United States with the Sam's Club Division of Wal-Mart Stores Inc.
Doug has worked in residential, commercial, and investment real estate in the southern Michigan area for over fifteen years. He utilizes his sales, marketing, and
Doug's Other Listings
Source: MichRIC
MLS Number: 25056416
APN: 3-015400000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
Nearby Homes
- 231 W Mason St
- 702 Greenwood Ave
- 209 2nd St
- 720 W Michigan Ave
- 159 W Michigan Ave
- 209 N Blackstone St
- 209 W Louis Glick Hwy
- 308 Van Buren St
- 507 17th St
- 500 N Martin Luther King jr Dr Unit 3
- 1700 S West Ave
- 1024 S Brown St
- 709 Steward Ave Unit 3
- 233 Damon St
- 665 N Alpine Lake Dr
- 1500 W North St
- 1126 Walker St
- 1406 Lansing Ave Unit 1406
- 243 Depuy Ave
- 410 Seymour Ave Unit Home